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Virginia Real Estate Education Requirements    

This information is intended to provide answers to commonly asked questions by real estate agents. It is not intended to replace detailed information found in your state’s statutes and regulations. Though we have made reasonable efforts to ensure that the information given is reliable and current, we cannot guarantee that it is. For more information please contact DPOR (contact information at bottom of this page)..

 

Sales Prelicensing
Broker Prelicensing
Sales/Broker Continuing Education
Sales Post Licensing

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Sales Prelicensing

Hours Required

60 hours of Principles of Real Estate

Approved Course Delivery Methods

• Independent self-study courses (passing grade of 75% required on state portion of final exam, 70% on national portion of final exam)
• Classroom (passing grade of 75% required on state portion of final exam, 70% on national portion of final exam)

Exam Requirements

Self-study courses require a monitored/proctored final exam. The monitor may not be a relative of the student. Exams may be taken online, at one of our locations, or we will mail an exam packet to your proctor/monitor.

Course Subject Requirements

Salespersons must complete 60 hours in the principles of real estate and pass the
State and National portions of the salesperson examination.

Credit Reporting

Successful completion of Prelicensing Sales courses are reported to PSI daily.

For more information regarding Virginia Regulations
Commonwealth of Virginia
Department of Professional and Occupational Regulation
http://www.dpor.virginia.gov
9960 Mayland Drive, Suite 400
Richmond, VA 23233
Phone (804) 367-8526
Email REBoard@dpor.virginia.gov

For more information regarding Virginia Real Estate Exams
PSI Examination Services
PSI Candidate Information

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Broker Prelicensing

Hours Required

A total of 180 hours of Board approved courses are required. You must complete at least three courses from the below-listed broker specific courses.
Broker-specific Courses:
Real Estate Brokerage*, Real Estate Law,
Real Estate Finance, Real Estate Appraisal

Broker-related Courses:
GRI (all parts) CRB (all parts)
CCIM (all parts) SIR/SIOR (all parts)
Note: The maximum allowable credit for a single broker-specific course is 60
hours and 45 hours for a single broker-related course. Any principles of real estate
course taken to meet the salesperson education requirement is not acceptable to
meet the broker education requirement.

*You must take Real Estate Brokerage

Approved Course Delivery Methods

• Independent self-study courses
• Classroom

Exam Requirements

Self-study courses require a monitored/proctored final exam. The monitor may not be a relative of the student. Exams may be taken online, at one of our locations, or we will mail an exam packet to your proctor/monitor.

Credit Reporting

An original certificate of completion will be provided to the student upon completion of a broker prelicensing course.

For more information regarding Virginia Real Estate Exams
PSI Examination Services
PSI Candidate Information


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Sales/Broker Continuing Education

Hours Required

Virginia Salespersons - Required to complete 16 hours of CE every two years. Active license renewals for Continuing Education must take these mandatory topics: 3 hours of ethics, 2 hours of fair housing, 1 hour each of legal updates, agency, and contracts, in addition to 8 hours of elective topics (extra mandatory topics will count towards electives).

Brokers - Required to complete 24 hours of CE every two years. The 24 hours consists of the 16 hours as described above plus 8 hours of Broker CE.

Compliance Date

Last day of month every 2 years from month of licensure.

Approved Course Delivery Methods

• Independent self-study courses (passing grade of 70% required on final exam)
• Classroom

Exam Requirements

Self-study courses require a final exam; however, they do not require a monitor be present at the time the examination is taken.

An affidavit of course completion must be completed with notarized signature and kept on file. You may download a sample affidavit here.


Course Subject Requirements

Active license renewals for Continuing Education must take these mandatory topics: 3 hours of ethics, 2 hours of fair housing, 1 hour each of legal updates, agency, and contracts, in addition to 8 hours of elective topics (extra mandatory topics will count towards electives).

Carryover Credits

Licensees may not carryover any continuing education to the next compliance period.

Course Repetition

Credit will not be given for courses that are repeated within the same compliance period.

Credit Reporting

Moseley Flint will report your continuing education credits to the Real Estate Board the next business day following course completion. Licensees will receive a certificate of course completion from Moseley Flint, which they should keep for their permanent records.


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Sales Post Licensing

Hours Required:
30

Compliance Date

***Due one year from license issuance date***

Approved Course Delivery Methods

• Independent self-study courses (passing grade of 70% required on final exam)
• Classroom

Exam Requirements

Self-study courses require a final exam; however, they do not require a monitor be present at the time the examination is taken.


Course Subject Requirements

1. Within each 30-hour curriculum, there are mandatory topics and elective topics.
2. Practice tracks are selected by taking an approved mandatory course within the practice track.
3. Elective hours may be completed from any practice track.
4. In accordance with the new law, new licensees completing the 30 hour requirement are not required to complete the 16 hours required for other licensees.
5. The number of hours completed will not appear on the website until after a mandatory course has been completed and reported to the Board.
6. If a licensee decides to change tracks after a mandatory course has been reported to the Board, he must notify the Education Administrator in writing, along with an original or notarized copy of the mandatory course which will become the chosen track. A change will be accepted only once and all previously reported mandatory courses will be changed to electives. Changes cannot be accepted after the license expiration date.


Residential Real Estate Track

Mandatory Topics (15 hours)
1. Agency Law (3 hours)
2. Fair Housing (3 hours)
3. Real Estate Law (3 hours)
4. Offer to Purchase/Contracts (3 hours)
5. Ethics and Standards of Conduct/Current Industry Issues and Trends (3 hours)

Elective Topics (15 hours - approved courses are a minimum of 1 hour and a maximum of 4 hours)
Finance
Property Valuation/Listing Process
Selling Process
Technology
Business Planning
Land Use Issues
Other Real Estate Related Courses


Commercial Real Estate Track

Mandatory Topics (9 hours)
1. Contract Writing; Handling Customer Deposits; Agency (3 hours)
2. Listing Property; Leasing Property; Current Industry Issues and Trends (3 hours)
3. Property Owners' and Condominium Association Law; Landlord Tenant Law; Real Estate Board Regulations and Statutes; Americans with Disabilities Act (3 hours)

Elective Topics (21 hours - approved courses are a minimum of 1 hour and a maximum of 4 hours)
Leasing
Land
Sales
Finance
Market Research
Property Management
Consulting Services
Development
Franchising
Government Relations/Government Programs
Hospitality/Entertainment
Other Real Estate Related Courses


Property Management Track

Mandatory Topics (20 hours)
1. Virginia Residential Landlord/Tenant Act and Fair Housing (4 hours)
2. Board Regulations and Statues; Escrow Management and Accounting; Ethics (4 hours)
3. Appraisals; Structures and Construction Process; Uniform Statewide Building Code (4 hours)
4. Contract Writing and Agency (4 hours)
5. Risk Management (4 hours)

Elective Topics (10 hours - approved courses are a minimum of 1 hour and a maximum of 4 hours)
Contractor/Maintenance Employee Relationship
Current Industry Issues and Trends
Rental Marketing
Tenant/Landlord Relationships
Understanding Property Owners' and Condominium Associations
Other Real Estate Related Courses

Carryover Credits
Licensees may not carryover any continuing education to the next compliance period.

Course Repetition
Credit will not be given for courses that are repeated within the same compliance period.

Credit Reporting

Moseley Flint will report your continuing education credits to the Real Estate Board the next business day following course completion. Licensees will receive a certificate of course completion from Moseley Flint, which they should keep for their permanent records.


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Contact Information:

If you have any questions or need further information please contact:

Virginia Department of Professional and Occupational Regulation Real Estate Board (DPOR REB)
Web: www.dpor.state.va.us
9960 Mayland Drive
Suite 400
Richmond, Virginia 23233-1463
Licensing Section:
Phone: (804) 367-8526
Email: Real Estate Board


If you have questions regarding our courses, please contact Moseley Flint:

Moseley Flint Schools of Real Estate
PO Box 228
Buckingham, VA 23921
phone: 800-729-4292
fax: 434-969-4391
or E-mail us